Yes we're better off than the 9-to 5 workers but they are able to quickly significantly double their start up salary. In some cases, with just enough experience and an additional master's degree, their 40-50k starting salary turns into 100k in 10 years or less. I use data from my college peers and family members to back up this statement.
Huh, my college peers and family members don't back up that statement, particularly for those who do only work 9-5. People who work 60+ hour weeks with a lot of travel do make that kind of money.
At my current lowly pay, I make a bit less than average, but I have a far better job in terms of daily tasks than most of those peers and family members.
Perspective and "normal" matter in these discussions. People who want to live in particular geographic areas where highly paid people make 70K aren't going to be snotty about "only" making 50K.
Perspective matters. Oh, and you don't "need" more than 50-60K if you choose a lifestyle commensurate with those earnings. The problem comes when you want a rich life and have only average earnings. If you want to be rich, then optimize that richness instead of quality of life. Sheesh.